My trading journal

[ashethen]

Like no one keen to discuss how to trade forex and gold.

this subforum is named Stocks, Shares and Indices

too bad dont have forex, commodities subforum

 

[ApolloStar]

this subforum is named Stocks, Shares and Indices

too bad dont have forex, commodities subforum

Hais, then how leh?

 

[ApolloStar]

long EUR/USD. TP 1.2175

Hey Mr. Wood, what's your entry? I actually have bearish bias for Fiber. But 1.2175 is only about 40 pips away, which can be hit as well. If you saw my attached screenshots, I was selling EUR/USD because I see a potential bear flag forming.

 

[chaoprokia]

My fren trade commodity

he use 200x margin to trade. otherwise it moved too slow. its 24 hours daily.

very tiring.

 

[ApolloStar]

My fren trade commodity

he use 200x margin to trade. otherwise it moved too slow. its 24 hours daily.

very tiring.

24/5. Forex also.

 

[Newbyib]

What’s your time? Do you use fundamental outlook?

 

[ApolloStar]

Gold potential death cross, ma 50 and 200.

 

[ApolloStar]

Looking for potential EUR/AUD or GBP/AUD shorts on late Monday/Tuesday.

 

[ApolloStar]

USD looking strong premarket..

 

[qhong61]

I have some Japanese yens. Should I sell now or nearer tokyo olympic?

 

[qhong61]

Like no one keen to discuss how to trade forex and gold.

Can I buy more usd now?

 

[Mr. Wood]

as an illustration, current price 131. u wanna buy only at 127, so u will sell a put option and collect 3.50.

current price 131, u hold 100 shares, u afraid it will fall below 127, so u buy a put option and pay 3.65.

current price 131, u hold 100 shares, and u only wanna sell at 135, so u sell call options and collect 4.15

current price 131, u wanna buy only at 135, so u buy call options and pay 4.25

note: 1 option = 100 shares

 

[OnePunchMan]

I have some Japanese yens. Should I sell now or nearer tokyo olympic?

2023 olympic?

 

[Mr. Wood]

long EUR/USD. TP 1.2175

cut loss

 

[Mr. Wood]

Stock indices are screaming. But why?: S&P 500, EUR/USD, AUD/USD, Copper
February 3, 2021 2:24 AM

EUR/USD

Yesterday we wrote about 1.2050 was a key level to watch in EUR/USD. With stocks moving higher, one may have expected that level to hold. However, the 240-minute chart shows that once that level was broken, the move lower continued. 1.2011 is the next support level, just in front of 1.2000. Resistance is now at the 1.2050 level!

Copper

China reported worse than expected Manufacturing and Non-Manufacturing data over the weekend. Traders may have concern on demand for copper, and therefore, one would expect a lower price. After reached 3.7328 on January 6th, which an extremely divergent RSI, one may expect prices to pull back a bit. The price of copper pulled back to the 200 Day Moving average near 3.5482. However, today copper is threatening to close below the key moving average, as well as, take out support at 3.4873. Copper is down 0.5% today.

How sustainable is this move in stock indices? Could this just be a move back to levels prior to the short squeeze scare? (GME and SLV are getting crushed today) Or is this possibly just a move to buy stocks ahead of “potential” good earnings from AMZN and GOOG? Maybe! (Remember TSLA was a huge miss last week.) Is it because of the $1,9 trillion stimulus Joe Biden offered weeks ago? Or is it just continued “money that needs to be put to work at the beginning of the month”. It could be any or all these reasons. However, one could expect that something has to give. Either stocks should begin to move lower or EUR/USD, AUD/USD and Copper should begin to move higher.

 

[ashethen]

Ts, is USD going to continue raising against SGD?

Posted from PCWX using SM-N960F

 

[sanzhu]

Any bets in

 

[qhong61]

2023 olympic?

Tis yr olympic....

 

[ApolloStar]

Ts, is USD going to continue raising against SGD?

Posted from PCWX using SM-N960F

Personally don't think so, due to fundamental reasons.

While the new US administration should be more hawkish towards USD, I see SGD being a strong currency as well. Remember that Singapore is a country that tries very hard to attract foreingers to work here, be it talents or workers. For that to occur, SGD has to be a strong currency.

 

[ApolloStar]

as an illustration, current price 131. u wanna buy only at 127, so u will sell a put option and collect 3.50.

current price 131, u hold 100 shares, u afraid it will fall below 127, so u buy a put option and pay 3.65.

current price 131, u hold 100 shares, and u only wanna sell at 135, so u sell call options and collect 4.15

current price 131, u wanna buy only at 135, so u buy call options and pay 4.25

note: 1 option = 100 shares

Thanks bro...I no head no tail for options...I just see that people say that options ROI can be like 100%..